As demand for air travel reached record levels in 2024, airlines achieved their best-ever load factors, according to the International Air Transport Association (IATA). Revenue passenger kilometers rose by 10.4 percent compared with 2023 and by 3.8 percent compared with pre-pandemic 2019. Global airline revenues look set to surpass USD 1 trillion in 2025; not bad for an industry some predicted would not survive Covid-19.
